US BROKER MOVES: SIRI upgraded at Deutsche Bank; TOST downgraded at BNP
Wall Street brokers adjusted ratings on September 2, 2026, upgrading Sirius XM and Martin Marietta while downgrading Toast and EyePoint Pharmaceuticals alongside multiple new coverage initiations.
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UPGRADES GitLab (GTLB) Upgraded from Underperform to Market Perform at William Blair Martin Marietta Materials (MLM) Upgraded from Neutral to Overweight at JPMorgan; PT USD 680 OGE Energy (OGE) Upgraded from Sector Perform to Outperform at RBC Capital; PT USD 54 Sirius XM (SIRI) Upgraded from Hold to Buy at Deutsche Bank; PT USD 45 DOWNGRADES Amrize (AMRZ) Downgraded from Neutral to Underperform at BofA Securities; PT USD 40 Amrize (AMRZ) Downgraded from Overweight to Neutral at JPMorgan; PT USD 52 Comstock Resources (CRK) Downgraded from Buy to Neutral at Gerdes Energy Research; PT USD 16 Cenovus Energy (CVE) Downgraded from Buy to Neutral at Gerdes Energy Research; PT USD 50 EyePoint Pharmaceuticals (EYPT) Downgraded from Buy to Hold at TD Cowen; PT USD 4 Knife River (KNF) Downgraded from Neutral to Underweight at JPMorgan; PT USD 73 Toast (TOST) Downgraded from Outperform to Neutral at BNP Paribas Exane; PT USD 35 INITIATIONS Almonty Industries (ALM) Initiated at Buy at Jefferies; PT USD 26.25 AST SpaceMobile (ASTS) Initiated at Buy at Berenberg; PT USD 92 AEVEX (AVEX) Initiated at Neutral at Piper Sandler; PT USD 20 Bilibili (BILI) Initiated at Buy at Zephirin Group; PT USD 21 BillionToOne (BLLN) Initiated at Buy at Canaccord; PT USD 120 Webull (BULL) Initiated at Sector Outperform at Scotiabank; PT USD 9 CareDx (CDNA) Initiated at Buy at Canaccord; PT USD 65 Chime Financial (CHYM) Initiated at Sector Outperform at Scotiabank; PT USD 40 CTS (CTS) Initiated at Buy at Lake Street; PT USD 67 Curtiss-Wright (CW) Initiated at Neutral at Piper Sandler; PT USD 665 Element Solutions (ESI) Initiated at Buy at Jefferies; PT USD 55 GFL Environmental (GFL) Initiated at Overweight at Barclays; PT USD 58 HawkEye 360 (HAWK) Initiated at Buy at Berenberg; PT USD 24 IperionX (IPX) Initiated at Buy at Jefferies; PT USD 26 Johnson & Johnson (JNJ) Initiated at Buy at UBS; PT USD 320 Mettler-Toledo (MTD) Initiated at Sell at Rothschild Redburn; PT USD 1,200 Materion (MTRN) Initiated at Buy at Jefferies; PT USD 314 NioCorp Developments (NB) Initiated at Hold at Jefferies; PT USD 4.70 Eagle Nuclear Energy (NUCL) Initiated at Buy at H.C. Wainwright; PT USD 11.50 Planet Labs (PL) Initiated at Buy at Berenberg; PT USD 25 uniQure (QURE) Initiated at Outperform at William Blair Red Cat (RCAT) Initiated at Neutral at Piper Sandler; PT USD 9 REA (REA) Initiated at Hold at Jefferies; PT USD 12.30 Ring Energy (REI) Initiated at Neutral at Mizuho; PT USD 2 Rocket Lab (RKLB) Initiated at Buy at Berenberg; PT USD 83 Standard Lithium (SLI) Initiated at Hold at Jefferies; PT USD 2.90 Tempus AI (TEM) Initiated at Overweight at Cantor Fitzgerald; PT USD 80 USA Rare Earth (USAR) Initiated at Buy at Jefferies; PT USD 21 Xtant Medical (XTNT) Initiated at Buy at Lucid Capital Markets; PT USD 1
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